
Why Silicon Valley Bank Collapsed
What Next | Daily News and Analysis
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The Groundwork for SVB's Collapse Was Laid Back in 2018
The CEO of Silicon Valley Bank sold $3 million worth of company stock just a couple of weeks before the bank's collapse. The groundwork for this collapse was actually laid back in 2018, you say. You argue that Congress has a tremendous amount to answer for here because they deregulate and lo and behold, it blows up.
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